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...Under BC Partners, Presidio has grown rapidly, including through the acquisitions of Irish IT business Arkphire and cloud technology company Coda....
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...At the time, the companies pledged they would adjust their models if the institute found flaws in the technology....
...Dyson has previously hit out personally at the prime minister, accusing him of refusing to meet entrepreneurs and investors and the government of presiding over “scandalous neglect” of the science and technology...
...US chipmaker Intel has received the largest sum, up to $8.5bn, while GlobalFoundries, Microchip Technology and BAE Systems have also received funding....
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
...Somebody is buying RuneScape again: Private equity group Carlyle is to sell UK video games maker Jagex to Europe’s CVC Capital Partners in a deal estimated at just below £1bn as interest in the industry...
...The search group had been testing generative AI software internally for several months by then....
...That trend helped drive overall 11 per cent growth in the most recent quarter in the royalty payments that Arm receives once products using its technology begin to ship....
...True, Nintendo’s conservative approach is rooted in strong performance in its hardware business: consoles and games account for more than 90 per cent of group sales. But times are changing....
...“People have decision fatigue, and short video algorithms reward not having to make a decision about what to watch, [unlike] TV,” says Rebecca McGrath, associate director for media and technology at Mintel...
...He holds a “small stake” in the group....
...Sean White, who has held various technology roles, has joined as its new chief executive....
...The main contributor to Arm’s better-than-expected third quarter was China, which accounts for a quarter of group sales and where revenue grew by 28 per cent from Q2....
...Insurer Aspen, commodity broker Marex and gambling group Flutter are among the companies that have chosen to either IPO in New York or move their listings there away from London in recent months....
...Cook “certainly always gave the impression of someone who was very much in control of his brief”, said Crozier, now chair of telecoms group BT....
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...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...Gene Munster, a partner at the technology investor Deepwater Asset Management, concurred. Arm “is part of the AI story....
...“We were scouting around for the technology and came across MG.”...
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...In December, OpenAI’s revenues surpassed $2bn on an annualised basis, making it one of the fastest-growing technology companies in history....
...“It’s not an issue with progress in technology alone, but it’s also about how humans feel about letting the technology into their lives,” Idekoba said in an interview in Tokyo....
...its products to European companies seeking alternatives to US and Chinese technologies....
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